Bitcoin 101 - Is It The New Gold?

Ringgit and Sense

English - June 25, 2020 01:30 - 18 minutes - 17.2 MB - ★★★★★ - 1 rating
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As the United States prints more US Dollars to fund its COVID-19 related economic recovery, Bitcoin has gained more prominence, alongside gold, as a hedge against the potential devaluation that the world’s reserve currency could face.

Bitcoin is up around 70% over the last 3 months, now trading around RM40, 000 per Bitcoin.

On this episode, Roshan explores the basics of Bitcoin, where it gets its value from, and whether it's the new gold.

Luno is a platform to buy, sell and store digital assets like bitcoin and is 1 of the 3 approved digital asset exchanges by the Securities Commission.

Note: Photo was taken last year.